Cal-Comp Electronics (Thailand) Pcl, the biggest seller of ink-jet printers to Hewlett-Packard Co, said it expects to sell US$150 million worth of mobile-phones this year as printer sales decline.
Cal-Comp, controlled by Kinpo Electronics Inc (金寶電子), vased in Taiwan will make 900,000 phones for China's TCL Mobile Communication Co and Hisense Group Mobile Communications Institute.
The company will also make 700,000 phones for Motorola Inc and BellSouth Corp, Financial Controller Steve Yeh said at an analysts' briefing.
Phone sales will help Cal-Comp post "better profit and sales this year than 2002," Yeh said, even though the company expects printer revenue to fall by a fifth as customers demand lower prices and it stops making older models. Cal-Comp is benefiting from demand in China, the world's biggest mobile-phone market, which adds new users at a rate of two a second.
"With so many new users being added, China should be a good market" for Cal-Comp, said Jeff Earhart, an analyst at Intel Vision Securities Ltd.
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